Illinois: Page 10

New Lawsuit Says Illinois Cannabis Regulators Discriminated Against Out-of-State Dispensary Applicants

The state cannot issue any of the 185 cannabis retail licenses it allocated during a series of three lotteries last summer until the latest legal challenge has been settled.

These 8 States Sold $12.8 Billion of Adult-Use Cannabis in 2021

Colorado’s per-capita sales estimate of $429 for its 21-and-older population topped the chart.

Cresco Labs Announces Fourth Quarter, Full Year 2021 Results

The company reports 73% year-over-year revenue growth and 219% adjusted EBITDA growth in 2021.

Cresco Labs Targets $2B Acquisition of Columbia Care

Expected to close in the fourth quarter of 2022, the deal would be one of the largest in the U.S. cannabis industry.

Illinois Judge Lifts Injunction, Allows State to Issue 60 Craft Grow Licenses

The cannabis licensing process had stalled following litigation brought by unsuccessful applicants.

Illinois Aims to Simplify Cannabis Retail Licensing Process

The Department of Financial and Professional Regulation is filing new rules to streamline the applications.

Illinois Bill Would Bar Employers From Firing Employees for Using Cannabis

House Bill 4116 passed the House March 3 and now goes to the Senate for consideration.

Verano Draws $100 Million to Fund Strategic Growth Initiatives

The funding will provide Verano with flexibility to drive internal expansion efforts, as well as near- and long-term growth strategies.

Ayr Wellness Announces Changing Legacies Expungement Series

The company is teaming up with community partners in five states to assist individuals in obtaining a fresh start.

Cresco Labs Announces Social Justice Documentary Premiere

The documentary “The Sentence of Michael Thompson” will premiere at Santa Barbara International Film Festival and screen at South by Southwest.

Illinois Supreme Court Denies Request to Allow State to Name Craft Grow License Winners

Cannabis company 1837 Craft Grow LLC had asked the court to modify an order from a lower court that bars state officials from naming the licensees until litigation is settled.

Illinois Lawmaker Files Legislation to Limit the Amount of THC in Cannabis Products

The measure, which would cap the amount of THC at 10% for flower and 15% for concentrates, has faced opposition from the state’s dispensaries.

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